Consolidated Senior Secured Leverage Ratio. Upon and after the consummation of a Qualified Notes Offering, permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the US Borrower (beginning with the fiscal quarter ended September 30, 2018) to be greater than (A) during a Specified Acquisition Period, 4.00 to 1.00, and (B) at all other times, 3.50 to 1.00.
Consolidated Senior Secured Leverage Ratio. As of any fiscal quarter end, permit the Consolidated Senior Secured Leverage Ratio to be greater than the corresponding ratio set forth below: Applicable Period Maximum Ratio Third Amendment Effective Date to March 31, 2008 4.50 to 1.00 April 1, 2008 through and including June 30, 2008 2.75 to 1.00 July 1, 2008 through and including September 30, 2008 1.50 to 1.00 October 1, 2008 and thereafter 1.25 to 1.00
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the end of any period of four fiscal quarters of the Borrower set forth below to be greater than the ratio set forth below opposite such period: Maximum Consolidated Senior Period Secured Leverage Ratio --------------------------------------------------------------- ------------------------------------ December 31, 2006, March 31, 2006 and June 3.25 to 1.00 30, 2006 September 30, 2006 2.50 to 1.00 December 31, 2006 2.25 to 1.00 March 31, 2007, June 30, 2007, September 30, 2.00 to 1.00 2007 and December 31, 2007 March 31, 2008 and each fiscal quarter thereafter 1.75 to 1.00
Consolidated Senior Secured Leverage Ratio. The Parent and the Borrower will not permit, as of the last day of any fiscal quarter commencing with the fiscal quarter during which the Covenant Changeover Date occurs (but in no event prior to the fiscal quarter ending March 31, 2015), the Consolidated Senior Secured Leverage Ratio to be greater than 3.50 to 1.00.
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio as of the last day of any Test Period set forth below to exceed the ratio set forth below opposite such period: Period Ending Consolidated Senior Secured Leverage Ratio December 31, 2011 4.25: 1:00 March 31, 2012 4.00: 1:00 June 30, 2012 3.75: 1:00 September 30, 2012 3.25: 1:00 December 31, 2012 3.00: 1:00 March 31, 2013 3.00: 1:00 June 30, 2013 3.00: 1:00 September 30, 2013 3.00: 1:00 December 31, 2013 and thereafter 3.00: 1:00
Consolidated Senior Secured Leverage Ratio. The Company will not permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.00 to 1.00.
Consolidated Senior Secured Leverage Ratio. As of the end of each fiscal quarter of the Parent Borrower, the Consolidated Senior Secured Leverage Ratio will be not greater than 2.5:1.0.
Consolidated Senior Secured Leverage Ratio. Commencing with the Measurement Period ending September 30, 2018, permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.
Consolidated Senior Secured Leverage Ratio. Permit the Consolidated Senior Secured Leverage Ratio of Holdings as of the end of each of the fiscal quarters of Holdings ended June 30, 2009, September 30, 2009 and December 31, 2009 to be greater than 2.50:1.00. ”; and
Consolidated Senior Secured Leverage Ratio. Commencing with the Measurement Period ending on the last day of the fiscal quarter in which a Notes Offering occurs, and as of the end of any Measurement Period thereafter, permit the Consolidated Senior Secured Leverage Ratio to be greater than 3.50 to 1.00. For purposes of any calculation for determining compliance with this Section 7.11 on a Pro Forma Basis concurrently with or after a Notes Offering, the ratio in clause (b)(i) shall be used (as increased by clause (b)(ii), if applicable) and the ratio in clause (c) shall be tested.
